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USDA- Buy bearish #?

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Good Thursday Traders,

All opinions news and fake, trading ideas and chart-lines that
My product is putting specific levels where you can buy 100 with a .22c stop like yesterday in hogs 54.05. This blue hashed line was only 2ticks under Tuesday limit down on huge volume @54.10.
I put it out there early for those flat looking for a levels to buy. 3 more levels <$1.50lower.
1st-time-down !
It almost doesn't matter if you have a will located risk stop.

For example, yesterday my mentoring tech guy called and worried he didn't have a stop on a trade.
He always wants to have a stop in and was panicking because he didn't.

My point is to my rural traders is,
" Why can't more of you be like that?

This is another experiment for us.
Hogs had huge change in ownership there. If your bullish into year-end you should have some scale down buys with stops or without if investing speculating. Corn and wheat ditto.
Soft has quality concerns. Stay long or press over 509 WZ.
Trading capital depleted.
Ok, let's try this new rule;
No overnight
and especially
over the weekend positions.

You won't miss anything.
Trade like the flat overnight ALGOs.
Opens higher and you buy it Over open? But you never come in stuck. TOL.
Dow Jones to high tick 9 day rally 1800 points off that OLB. Less than 10 day rally. Options anyone?
Crude, 72.72 was that Long long term red. HALF WAY off Top.
US dollar has very similar level up by recent highs.
These are very long term players so if bearish I would have some open orders working. The mkt is in its own timeline. That hogs trade could have been bottom. It's big level.
Orange juice hit OLB and org., with funds selling. Buy calls?

Wheat- game on press higher if we move higher into year-end. WZ 5.09.
Last 2 Dec we did break into Dec. Just play the levels with stops at least on the adds. We are over last 2 FSP.
Dow Jones, sell it up here with a new high stop over yesterday is a trade idea 10am today. Stay fresh.
Give me a call when we slow down and let's talk chart levels. 312.957.8248


The information contained on this site is the opinion of the writer and obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in current market prices.

Specializing in providing timely technical advice to the AG business community. Contact me for a free outlook in your specific product.

Alan R. Palmer

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About the author

Alan R. Palmer, Sr., is a successful independent trader and technical analyst specializing in agricultural, financial and stock index futures. He has worked primarily in the markets traded on the CME Group.

Alan started trading at the Chicago Board of Trade in 1986 in the 30-year U.S. Treasury bond pit as a local. In 1987, he bought his full membership the day of the historic crash and moved back to his passion, trading soybeans, and grains along with bonds and stocks. Moving from pit to pit as market indicators dictated, Alan used his charting calculations to spot pivotal points as markets crossed ‘key levels.’ This acumen is Alan’s specialty and now he delivers this knowledge and experience to his customer base. He offers a macro thought process to viewing markets and players as they act with predictive behavior acumen.

He began his career in the futures industry as a summer runner while thirteen on the floor of the CBOT in 1973 delivering orders and learning the rudimentary workings of the markets. He graduated from runner to phone clerk, delivery clerk during the Hunt silver squeeze, working for various brokerage firms. After earning a Bachelor’s degree from DePaul University while working full time, he began a career as a proprietary trader with Paul Tudor Jones, a world-renown money manager, where he perfected his technical analytical techniques.

Alan has appeared on CNBC, Bloomberg, CNN, and has been quoted in The Wall Street Journal, Chicago Tribune, Chicago Sun-Times, Bloomberg and Reuters newswires. He was the founder of, an independent research and charting web enterprise, based on time-tested, support and resistance calculations for predicting multi-market swings. Alan holds an undergraduate degree in Business Finance Administration from DePaul University in Chicago.

Contact Alan:
Phone: 312.957.8248 or 888.391.7894

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